Breaking news from yesterday and thoughts
- Stripe is acquiring crypto wallet infra firm Privy. Privy supports over 75 million accounts, simplifying crypto wallet integration for developers
This follows Stripeâs $1.1B purchase of stablecoin platform Bridge and the launch of a stablecoin money management tool
- Ondo has launched its tokenized U.S. Treasuries fund (OUSG) on XRP Ledger, using Rippleâs RLUSD stablecoin for subscriptions and redemptions, to expand access for institutional investors
- NASDAQ listed VivoPower is deploying $100M in XRP via Flareâs FAssets protocols to generate institutional grade
The yield earned will be reinvested into XRP holdings, forming a self compounding treasury structure
Flare is not a replacement for the XRP Ledger, rather it complements the XRP Ledger by extending XRPâs utility into compliant, programmable, yield generating finance, rather than replacing it.
- Polygon Founder Sandeep Nailwal has assumed full control of Polygon foundation and will focus on Agglayer development, an upgraded POS chain to Gigagas while sunsetting Polygon zkEVM
âPolygon PoS will focus on stablecoin payments and RWAs, while Agglayer will focus on building a trustless Internet of Blockâ
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